Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Countertrend Up (+85) - EURSLL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid EURSLL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSLL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURSLL
The long-term trend has been UP since Nov 16th, 2023 at 24761.1
The intermediate-term trend has been UP since Nov 16th, 2023 at 24729.6
The short-term trend has been UP since Nov 16th, 2023 at 24451.5
Smart Scan Analysis for EURSLL
Based on our trend formula, EURSLL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).